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October 27, 2011

News: Nord West October 2011

SCANDINAVIAN BOAT SHOW
The Scandinavian Boat Show is the only indoor show in Scandinavia in the fall of this year between 9th to 13th November, a show especially aiming to represent powerboats and sailing boats over 7 meters. In the Nord West Najad stand AMD:05 the whole sales team of the Swedish boat builder will welcome you, and onboard the exhibits Nord West 370 Flybrige, Nord West 430 Sports Top, Najad 440CC and Najad 355. The show is the most exclusive indoor boat show and whether you have a boat or not you will find many exciting accessories like new marine fashion clothing and cozy and pleasant environments to spend your time in, like the popular Yacht Club. Stockholm City also offers many fun and exciting activities and also joining the boat show two more shows open up their doors on 10th-13th November: Allt för hälsan (All about your health) and Det goda köket (The Good Kitchen), which means there is something for everyone!**********HANSEBOOT IN HAMBURG
On the 29th of October Hanseboot 2011 will commence and will continue up until the 6th of November. Nordwest will be present with a 370 Coupe, 370 Sports Top, and a Najad 440 CC. Magnus Lundgren, Staffan Asp, Patricia Bornfleth, Johan Stübner and Birgitta Andersson look forward in meeting with you at the Nord West stands in Hall B6 Stand A111 where the 370 Coupe and Sports Top will be exhibited. If you would like to know more about any of the Nord West models or perhaps would like a specification prepared according to your own wishes of how you would like your boat equipped, please don’t hesitate to contact the five staff personnel to make your visit as efficient as possible.*********NAJAD AQUIRED

A consortium consisting of the boat manufacturer Nord West and Orust Yacht Service has acquired Najadvarvet, which went into liquidation on 9 August. The acquisition applies to the entire operation in Henån on the Swedish island of Orust, with production, winter storage and service. During the last fiscal year, Najadvarvet produced 25 high-quality sailing yachts and also had a significant level of service activity at the facilities in Henån on Orust. North West operates on nearby Vindön and last year they manufactured 37 high-quality motor boats. Nord West foresees significant synergies resulting from the merger. The companies have the same industrial base and have grown out of the craftsmanship and maritime expertise established in Orust over generations. Benny Martinsson founder and owner of Nord West said he is very pleased of this acquisition, and also advised he intends to continued the expansion of Najad line of sail boats from 35 to 57 feet. Najad’s harbour facility has been managed by Claes Samuelsson for many years and he will now work with entrepreneur Bertil Karlsson to make an even greater effort in the areas of winter storage, servicing and insurance repairs in Henån in order to meet customers wishes for a comprehensive solution for boat users. Najadvarvet was founded in 1971 and has manufactured over 2,000 yachts. The company became bankrupt after a vigorous expansion in 2005-07, during which the company’s product development, investments and sales doubled. After the peak year of 2007, when sales exceeded SEK 300 million, the company was hit by the financial crisis in 2008, when sales fell sharply. Despite significant capacity reductions, the company was forced to file for bankruptcy in early August 2011. The new owners wish to sincerely thank the lawyer Jan Save from the law firm Hammer, lawyer Lars Zetterberg and his colleagues at the consultancy Ackordscentralen and also Najadvarvet’s previous owner, Animatrix Capital, for their professional work to close the deal, thereby safeguarding Najad’s long-term future and the possibility of regain its position as one of the world’s leading yacht manufacturers along with Nord West. Nord West was founded in 1985 by Benny Martinsson and has 130 employees. Sales last year amounted to about SEK 360 million. The company is family owned and consists of boat building and maintenance at Vindön/Orust, as well as a facility in Lysekil for hull construction and plastic fittings. Today the boatyard is one of the most modern in Sweden and sells boats around the world. According to Claes, the work of winter storage has already started and, if you have not yet decided where to service your boat this winter, both motor boats and yachts are welcome at Orust Yacht Service. Benny explains that new boat production will begin shortly, and the team looks forward to re-launching Najad at the autumn boat shows in Hamburg and Stockholm.